Fawry for Banking Technology and Electronic PaymentsE Balance Sheet Health
Financial Health criteria checks 5/6
Fawry for Banking Technology and Electronic PaymentsE has a total shareholder equity of EGP4.0B and total debt of EGP928.7M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are EGP13.1B and EGP9.1B respectively. Fawry for Banking Technology and Electronic PaymentsE's EBIT is EGP976.9M making its interest coverage ratio -1.8. It has cash and short-term investments of EGP8.1B.
Key information
23.1%
Debt to equity ratio
ج.م928.71m
Debt
| Interest coverage ratio | -1.8x |
| Cash | ج.م8.06b |
| Equity | ج.م4.02b |
| Total liabilities | ج.م9.12b |
| Total assets | ج.م13.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWRY's short term assets (EGP10.4B) exceed its short term liabilities (EGP8.7B).
Long Term Liabilities: FWRY's short term assets (EGP10.4B) exceed its long term liabilities (EGP399.7M).
Debt to Equity History and Analysis
Debt Level: FWRY has more cash than its total debt.
Reducing Debt: FWRY's debt to equity ratio has increased from 19.7% to 23.1% over the past 5 years.
Debt Coverage: FWRY's debt is well covered by operating cash flow (414.9%).
Interest Coverage: FWRY earns more interest than it pays, so coverage of interest payments is not a concern.